GOING BEYOND
10.31.2011
The gold bull market: the 144-day moving average works again
Yesterday was one of those days when you’re glad you owned gold. It was up about $50 an ounce on the day. It’s rising again this morning. Silver was up over 5%. Both made the bulk of their moves in just a few minutes – it would have been very difficult to catch. You had to be positioned already. Which, of course, you were, because you bought some more last week, when somebody recommended that you do so.
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